Helios Underwriting Plc Directorship Change (4370E)
29 Giugno 2023 - 4:46PM
UK Regulatory
TIDMHUW
RNS Number : 4370E
Helios Underwriting Plc
29 June 2023
29 June 2023
Helios Underwriting plc
("Helios" or the "Company")
Directorship Change
Helios, the investment vehicle which builds shareholder value
through exposure to Lloyd's , is pleased to announce Michael Wade's
appointment as Chairman on closure of the Annual General Meeting
today. He succeeds Michael Cunningham who has retired from the
Company.
Michael Wade has had an extensive career at Lloyd's working
across broking, underwriting, capital markets and insurance linked
securities. Michael formed one of the first Lloyd's corporate
capital vehicles in 1993, CLM Insurance Fund plc, and later acted
for UK pension funds via Rostrum Group investing in listed Lloyd's
firms. He has served on the Council and Committee of Lloyd's and
was formerly a senior adviser to the Cabinet Office. Currently,
Michael is also Non-Executive Chairman of Howden Tiger Capital
Markets UK and a senior advisor to Mitsui Sumitomo Insurance.
Michael Wade, Chairman of Helios, commented: "I am delighted to
be joining Helios as Chairman at this exciting juncture of the
Company's journey and I look forward to working closely with the
team. Helios should continue to benefit from London's strong
trading environment with firm insurance rates and opportunities for
the Company to grow."
Martin Reith, Chief Executive Officer of Helios, commented: "I
am thrilled to welcome Michael to the Board and look forward to
working with him in his role as Chairman. Helios is well positioned
to benefit from the current market environment and Michael's
extensive industry knowledge and experience will be a huge asset to
the Board. I would also like to thank Michael Cunningham for his
leadership and dedication to Helios over the past 16 years and wish
him well in the future."
AIM Rule 17
Regulatory disclosures in accordance with Rule 17 Schedule Two
paragraph (g) of the AIM Rules for Companies.
Michael John Wade, aged 69, holds or has held in the last 5
years the following directorships and/or partnerships:
Current directorships / partnerships Former directorships / partnerships
in the past 5 years
Tigerrisk Capital Markets & Trexit Limited
Advisory (UK) Limited Neon Underwriting Limited
Flood Secure Limited TAAGR LLP
Lloyd's Index Ltd
London Market Tracker Ltd
Lloyd's Market Tracker Ltd
87 Vincent Square Limited
------------------------------------
Michael currently holds 116,470 ordinary shares in Helios.
In addition, Michael Wade was a director of EUC Re Limited (EUC)
at the time it was put into a creditors' voluntary liquidation on
11 March 2005. EUC was subsequently dissolved on 10 September
2014.
Save as disclosed above, there are no further disclosures to be
made in accordance with Rule 17 or Schedule 2(g) of the AIM Rules
for Companies.
For further information, please contact:
Helios Underwriting plc
Martin Reith - Chief Executive Officer +44 (0)7720 292 505
Nigel Hanbury - Executive Deputy Chairman +44 (0)7787 530 404
Arthur Manners - Chief Financial Officer +44 (0)7754 965 917
Numis (Nomad and Broker)
Giles Rolls / Charles Farquhar +44 (0)20 7260 1000
Buchanan (PR)
Helen Tarbet / George Beale +44 (0)20 7466 5111
About Helios
Helios provides a limited liability direct investment into the
Lloyd's insurance market and is quoted on the London Stock
Exchange's AIM market (ticker: HUW). Helios trades within the
Lloyd's insurance market writing approximately GBP297m of capacity
for the 2023 account. The portfolio provides a good spread of
business being concentrated in property & casualty insurance
and reinsurance. For further information please visit
www.huwplc.com .
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
BOAEALKNALADEFA
(END) Dow Jones Newswires
June 29, 2023 10:46 ET (14:46 GMT)
Grafico Azioni Helios Underwriting (LSE:HUW)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Helios Underwriting (LSE:HUW)
Storico
Da Giu 2023 a Giu 2024